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A journalist takes pictures in front of the Great Hall of the People where a press conference ahead of the Chinese People’s Political Consultative Conference was held yesterday. The CPPCC opens its annual session today, and the National People’s Congress, the top legislature, opens on Saturday. — CFP

CHINA is confident of achieving medium to high-speed economic growth this year on the back of sound economic fundamentals and the country’s reform campaign, a spokesman said yesterday.

“Viewed against the backdrop of the performance of international economies Nike Air Force 1 Basse Homme Pas Cher , China’s 6.9 percent growth in 2015 is outstanding, and the Chinese economy is expanding with good quality,” said Wang Guoqing, spokesman for the fourth session of the 12th National Committee of the Chinese People’s Political Consultative Conference. He was speaking at a press conference ahead of the annual session which begins today.

“The fundamentals of China’s economy remain sound. It is resilient, full of potential and has ample wiggle room. The economic data in January showed positive signs Nike Air Force 1 Basse Pas Cher ,” he said.

China has embarked on a journey of economic re-balancing, trying to ditch its over-reliance on manufacturing and wasteful investment in favor of domestic consumption and services.

Wang Guoqing (right) answers questions at a press conference at the Great Hall of the People in Beijing yesterday ahead of today’s session of China’s political advisory body. The government is confident of medium to high-speed economic growth, he said. — Xinhua

“China is seeing good momentum in its structural reforms,” Wang said.

The CPPCC has been considering how to encourage innovation and entrepreneurship and improve financial services, and will make suggestions to the National People’s Congress Nike Air Force 1 Mid Pas Cher , China’s top legislature.

Overcapacity

Wang also told reporters that the appearance of laid-off workers amid efforts to cut overcapacity won’t affect people’s hope for more children.

He had been asked if the job losses resulting from China’s shift from manufacturing were in conflict with the prospect of more children. Wang said such job losses are “temporary” and the relaxation of one-child policy is “a carefully made decision.”

China will work to ensure its population grows in an orderly way, he said.

Since it abandoned the one-child policy at the beginning of the year, China has allowed all couples to have two children. As China becomes an aging society, worries of insufficient labor force have been on the rise.

The world’s second largest economy is trying to revitalize its industrial sector through squeezing out redundant workers.

According to preliminary forecasts, the coal and steel sectors will see a total of 1.8 million laid-off workers.

To cushion the effect of job losses on families and society Nike Air Force 1 Haute Femme Pas Cher , the central government is to allocate 100 billion yuan (US$15.4 billion) over two years to help workers find new jobs.

Acknowledging a number of resignations from government agencies, state-owned enterprises and public institutions, Wang denied there had been an upsurge in departures.

The flow of talent should be applauded as it is in line with the Party’s intention of facilitating greater utilization of human resources, and it also shows that China’s “wise minds” are increasingly attracted to entrepreneurship and innovation.